Why do so many people blow their accounts on forex?

[imran525]

i don't know. why they are mind that type of account? On the other hand, i mean that forex account is the life line for me because i have earned from it. I was an unemployed before 3 years but now i am doing work in here.

[blackbery]

It's not the simple answer to your question, I will stand, so at the start of their Forex career to later lost their money, they can leave it are the best in my opinion always before people. this first demo account trading actual accounts to start practice.

[abid ali]

I have some experience on forex because each and every trader are have own rules and regulations so they can bear a more and more money loss in forex trading platform...

[DAVID RICHARD]

because numerous group are not disciplined and has bad money management. it is sensible to risk only 2% per trade and don't overtrade. in that way you screw to lose 50 serial before you stimulate your accounting which is near unsufferable.

[blackjack]

It's not stupid question, it's a good question indeed, if we know why so many people below their account, so we can learn from their mistakes, and that it's the pillar of success in forex market, well I think the big mistake we made is about discipline, almost of traders are not disciplined about their money management and their strategies, if we are strict about them we can resist for long time in forex market .

[richard]

I think few traders are have the knowledge of forex trading and mostly have not so much knowledge of forex market. They start trading and bear the loss and also making propaganda the forex business is risky.

if you do not understand how trade is good then you get in the demo just because there is no risk so you will not bear losses if it is understood that both the analysis and strategy, then you can be real because a big risk

[selinabegum]

The unlobed statement to your reflect is this that the grouping incline to be restive and thence irresponsible their money at the act of their progression in Forex and then they tend to parting it. The superior way in my content is this that a human must e'er activity in a demonstrate accounting prototypal before starting trading in actual accounting

[hasnainkb]

Everyone trader make own rules and broken but i think that when i start a order we know that what is the position of forex market and what is the indicator tell us.

[lincon08]

Traders are not patient about there success in forex ,they want to get it early but in some cases it take time to make profit we need experience and to be professional about this business by this way we can stay with this business.

[amit khanna]

people do not have patience,that want to grow rich in forex quickly,which is rare possibility,most of the traders loose their money in initial trades and are out from the market,but best way is one should try to remain in the market for a longer period to understand market and its volatility,people should attempt on demo account to be successful and more stress on capital management for attaining success.